WHY 2023 WAS AI VIDEO’S BREAKOUT YEAR, AND WHAT TO EXPECT IN 2024

Summary from the TLDR newsletter

There were no public text-to-video models available at the beginning of 2023, but now there are dozens in active use with millions of users worldwide. While many of these products are still limited, the progress in the past year suggests that the industry is about to massively transform. This article looks at the biggest developments so far in AI video generation, companies to keep an eye on, and the remaining underlying questions in the space.